Crafting an executive compensation strategy that is right on the money

In an economy characterized in part by low unemployment and industry-wide talent shortages, recruiting the perfect executive into your company’s leadership team can be a challenge. Factors such as culture, perks and growth potential all influence a candidate’s interest, but an attractive executive compensation package can be the deciding factor in motivating a qualified leader to pursue an opportunity at your firm or remain at your firm. “One of the biggest reasons key employees leave is the chase for more shiny nickels. That is, more pay,” said Gregory Hubbell, senior vice president of health and benefits at Aon, a global professional services firm. READ MORE